CapsolGo selected for demonstration on UK gas power generation

Oslo, Norway, July 30, 2026 - Capsol Technologies, a leading provider of low -carbon power and industrial decarbonization technology, has secured a CapsolGo order for a campaign with a UK wastewater treatment company for a carbon capture demonstration campaign.

The project represents Capsol's first field deployment of its technology on a gas engine application. Delivery of the CapsolGo carbon capture unit is scheduled for Q4 2026. The CapsolGo demonstration campaign builds on an initial study for the client, which delivered encouraging results.

"This contract represents an important step in demonstrating the applicability of our technology for gas engine applications. Building on the successful deployment of our Hot Potassium Carbonate (HPC) process across a wide range of industrial flue gases in Europe, the project will provide valuable experience supporting the further development of Gas Turbine solutions for the US market.

The contract is also expected to make a meaningful contribution to cash flow generation during the second half of 2026" said Wendy Lam, CEO of Capsol Technologies.

Capsol is committed to transparency in the financial market, while maintaining commercial objectives. In line with Capsol's IR Dictionary, the contract is classified as a "Standard value" CapsolGo campaign, reflecting a contract value equivalent to approximately four months of campaign revenues, defined in the Company's IR dictionary, available at Capsol's investor relations website. The four months of revenue exclude potential revenues from extensions.

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For further information, please contact:

Jacob Zeno Clausen Krøvel

SVP Investment and Strategy

+47 484 03 225

jacob.krovel@capsoltechnologies.com

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of accelerating the world's transition to a net zero future. The technology combines inherent heat recovery and generation in a stand-alone unit based on a proven and safe solvent. Capsol's technology is licensed either directly to customers or through industrial partners globally. Capsol's key segments include cement, biomass, energy-from-waste and gas turbines.Capsol Technologies is listed on Euronext Oslo Børs (ticker: CAPSL). For more information visit capsoltechnologies.com.